Estee Lauder Lifts FY11 Outlook As Q1 Profit Rises 36% - Update - Beauty Plane

Estee Lauder Lifts FY11 Outlook As Q1 Profit Rises 36% - Update

Cosmetics maker Estee Lauder Companies Inc. on Friday reported a profit for the first quarter that surged 36% from last year, reflecting a 14% increase in sales and fewer charges as compared to last year. Buoyed by the results, the company raised its earnings and revenue growth outlook for fiscal year 2011.

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Source: RTT News

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